I have recently got a lot of feedback that my blog is too negative. In passing I mostly dismissed this: After all, what I was posting was important and needed to be heard. Then I realized something: If people are too depressed by my blog to ever take action, then I am not accomplishing much.

I have resolved to try to provide hope and positive articles for my readers. I won’t be ignoring the bad, but rather I will be including the good and the many things we can be thankful for.

I hope this will help empower and energize you to live your life to the full!

Enjoy the change. And as always, I’d love to hear your feedback! Thanks for visiting.

This film helps to understand the enormity of the financial problem facing our nation. I expect it will be quite a bit more difficult than this film portrays, as massive tax increases cut down on production. One thing is certain, tax cuts and increased spending across the board are suicide.

In my opinion to get out of this financial crisis governmental programs must be undergo severe cuts, and tax rates must be high enough to provide enough revenue to cover them and low enough that economic growth is not stifled.

As Glenn Greenwald trenchantly makes the point, what appears to have happened is that:

“Obama’s political skills, combined with his status as a Democrat, is strengthening Bush/Cheney terrorism policies and solidifying them further. For the last eight years, roughly half the country – Republicans, Bush followers – was trained to cheer for indefinite detention, presidential secrecy, military commissions, warrantless eavesdropping, denial of due process, a blind acceptance of any presidential assertion that these policies are necessary to Keep Us Safe, and the claim that only fringe Far Leftist Purists – civil liberties extremists – could possibly object to any of that.

“Now, much of the other half of the country, the one that once opposed those policies – Democrats, Obama supporters – are now reciting the same lines, adopting the same mentality, because doing so is necessary to justify what Obama is doing. It’s hard to dispute the Right’s claim that Bush’s terrorism approach is being vindicated by Obama’s embrace of its ‘essential elements.’”Continue Reading

The dollar is being destroyed and most people are about to be blindsided. Perhaps many of us do not even understand the implications of the destruction of the dollar.

The destruction of the dollar means that the American consumer, will lose a drastic amount of purchasing power in the coming months or years. For example, if you pay $3 for a box of cereal today then next year, or a couple years from now, it may cost $4 or $10 or $25. Rising prices are caused by shortages of supply, higher demand, or increasing the money supply.

One things we certainly have right now: An increase in the money supply… Remember the bailouts, the injections of liquidity into the markets, deficit spending, and massive loans to large dying corporations? This spells one thing: New Money. These huge items are being and will be financed by inflation (an increase in the supply of money).

Of course dollar devaluation is nothing new. The U.S. Dollar has lost around 95% since 1913: about 100 years ago. A complete dollar destruction looks different. The devaluation is set to accelerate with massive bailouts completed and on the horizon.

What are the implications for a dollar collapse. Those holding dollars or bonds are at serious risk for losing value due to inflation. Other asset classes may increase in dollar amounts (though many not in value). Unfortunately dollar devaluation, otherwise known as inflation, is very destructive to the economy: Many industries will struggle and die.

In a worst case scenario our country will go the way of Germany or Zimbabwe. Inflationary policies are very destructive and always hurt the poor the most, as they have no protection against inflation. In Zimbabwe national currency is practically useless. See Below.

The solution to this problem is to constrain massive increases in the money supply. Support HR1207 to audit the Federal Reserve as a first step.